Smartphone market News

Apple led the super-premium segment, which are smartphones priced above Rs 67,000 apiece with an 83 per cent share followed by Samsung with a 16 per cent share. 

Vivo led the 5G smartphone market with 21 per cent market share, followed by Samsung at 20 per cent. 5G smartphones in the price band of Rs 10,000-13,000 grew by over 200 per cent YoY.

In India, mobile phone exports, led by Apple, from the country touched nearly $16 billion in FY24 from $11 billion in FY23.  

Brands such as OnePlus, Infinix and Tecno witnessed strong growth mainly due to expanding channel presence, increased offerings and few carried positive momentum from the chip shortage period of 2021. 

In 2022, 9.8 million units were shipped to India, with a 7 percent (year-over-year) growth.

Despite strength in the jobs market and inflation falling, consumers are hesitant to upgrade their devices, pushing replacement rates for the US and globally to record highs, the report noted.

These smartphones are available at cheaper rates and given the fact that there are so many options to choose from, a lot of smartphones experienced natural death, while others were swallowed by Chinese brands.

In this section of DNA, we will analyse the lesson from LG, which had to shut down its mobile business.

The top five vendors of the year were Xiaomi, Samsung, Vivo, Realme and Oppo. The handset market in the country fell by almost 2% YoY with 150 million units. On handsets, IDC added that MediaTek processor-based smartphone shipments led with a share of 43%, closely followed by Qualcomm at 40%.

However, the feature phone market continued its decline with 32.4 million-unit shipments, registering a drop of 26.3 percent YoY in 2Q19.

This is slightly below 2018's shipments that touched 1.39 billion.

The smartphone shipments will grow from 1.5 billion units in 2017 to 1.7 billion units in 2021 globally.

However, the report cited complicated supply chains, local retail laws, import taxes, lower GDP and poorer internet as reasons for impeding sales in India. 

According to CyberMedia Research (CMR), 61.8 million mobiles were shipped in the second quarter of 2017, of which 54 per cent were feature phones, witnessing 9 per cent sequential growth. 

The announcement comes at a time when the world is eagerly waiting for two of the most powerful devices - Samsung Note 8 and iPhone 8 and the devices will look forward to disrupt the duopoly of Samsung and Apple from the smartphone market.

The device, as its name suggests, is battery-oriented, featuring a 4,000mAh battery.

While the global recall of its flagship Galaxy Note 7 over battery explosion fears has jolted Samsung aficionados, including in India, transparent and swift action during these testing times will enable the South Korean giant make a quick turnaround, industry analysts feel.

Chinese telecoms equipment giant Huawei said on Monday that revenue surged 40 percent year-on-year in the first half of 2016, boosted by steady growth in smartphone sales.

While cars typically lost 20 percent of their value a year after being driven off, money-draining smartphones went down up to 65 percent of their value in just a month of being released.